Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
somac.
on 13/12/2021, 07:17:34 UTC
⭐ Merited by nanobtc (1)
Minimum loan $10k  More info here:  https://blockfi.com/

Celsius and Nexo have better terms.

Thanks. Do you have any experience with any of them?

There's a guy on twitter who went through these service to find the safest option. He is a London finance guy who apparently works with family offices. Anyway here is the thread, there are many posts, but I think you'll find it helpful.

https://twitter.com/bruce_pullman/status/1466664018517577729

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#Bitcoin lending - some hard truths

Long term followers will know I have been studying extensively the idea of borrowing against some of my #bitcoin - that is receiving fiat in return for the #bitcoin deposit.

This avoids any selling which generatea a CGT bill.

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It also allows me to invest in clever stuff like @basismarkets
 

Rates are 4.5% to 11% pa, and I can do far far better on basis trading - with no directional risk.

High profile names in new finance lending include

@ledn, @CelsiusNetwork, @NexoFinance, @unchainedcap, @blockfi